An investment that is not good can turn out to be as profitable as an investment that is successful. Sometimes these investments come in the form of shares or mutual funds. Sometimes they are more difficult to identify. In this video, we will explain that newer trucks could be a bad investment.

For one, new trucks can appreciate very rapidly over many years following purchasing. It is not wise to put money into an asset that can be depreciated rapidly. One argument against this is that the investment value is more for brand new cars. That could be true. However, vehicles that are less than four years old could give the same amount of value with a fraction of their cost. That’s right, the amount you get out of a used truck per dollar you spend is higher than one purchased new. Both are depreciated, but used ones depreciate much faster. It is important to be aware of any indications that your vehicle might require repairs. You will want to avoid the used vehicles that require an appointment with a truck repair workshop.

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